Retail veteran Terry Duddy set to replace Bucher as Debenhams boss April 14, 2019 Retail veteran Terry Duddy is being lined up to take over as chief executive of department store chain Debenhams as administrators pin their hopes on the troubled firm’s interim chairman to lead a major restructuring plan. Read more: Revealed: All 15 LK Bennett stores set to close in Chinese sale Current chief executive Sergio Bucher is [...]
Facebook, Instagram and Whatsapp down across Europe for more than three hours April 14, 2019 Facebook, Instagram and Whatsapp left users frustrated today after going offline across the UK and Europe for more than three hours. The three social network giants, which are owned by Facebook, went down at about 11am, according to monitoring website Down Detector. Facebook is having issues since 6:36 AM EDT. https://t.co/BLSiYCF9KL RT if it's down [...]
MPs could be forced to choose a Brexit option if talks with Labour fail, says May’s deputy April 14, 2019 Parliament could be forced to decide which Brexit option to go for if talks with the Labour party fall through, Theresa May's deputy has said. David Lidington, who is leading the talks with Labour on subjects such as environmental standards, workers rights and the security relationship with the EU, said the discussions were going to [...]
Thames Water outlines refund policy if Labour nationalise utilities April 13, 2019 Thames Water has told investors they will be able to demand a refund if Labour come into power and nationalise the utility after inserting a new clause into to its outstanding bonds. In a stock market document to the Irish Stock Exchange, the company outlined Labour's policies of renationalising water, among other utilities like gas and electricity, as [...]
Cross-party Brexit talks ‘positive’, says shadow chancellor April 13, 2019 The government has held further talks with Labour as they continue to try and find a way to break the Brexit deadlock in Parliament. Shadow chancellor John McDonnell said these discussions had been "positive", but said it would take until the end of next week to see how far they had got. Read more: MPs [...]
MPs urge government to extradite Julian Assange to Sweden April 13, 2019 More than 70 MPs have written to the government asking that Julian Assange be extradited to Sweden should the country request it. Assange was arrested by British authorities on Thursday after leaving the Ecuadorian embassy that he had resided in under diplomatic protection since 2012. Read more: Hammond says parliament likely to vote again on Brexit [...]
Watch billionaire Elon Musk’s Space X land all three Falcon Heavy rocket boosters April 12, 2019 Space X successfully landed its three rocket boosters for the first time yesterday, following the delivery of its first commercial payload. Read more: Splashdown: Space X capsule returns to earth The company, which is owned by billionaire Elon Musk, launched its Falcon Heavy rocket from NASA's Kennedy Space Center in Florida. The rocket was launching [...]
JP Morgan beats market expectations for first quarter sending shares surging April 12, 2019 US investment bank JP Morgan beat expectations in its first quarter results today, sending shares up four per cent. The bank, the largest in the US by assets, delivered record revenue and profit figures, boosted by higher interest rates. Revenue in the quarter to 31 March rose 4.7 per cent to $29.85bn (£22.84bn), up from [...]
Boris Johnson breached press rules over inaccurate no-deal Brexit support claim, Ipso finds April 12, 2019 Boris Johnson breached standards guidelines when he claimed that a no-deal Brexit was “by some margin preferred by the British public” to other options, the press regulator today ruled. Read more: CBI expresses 'deep concern' at prospect of Prime Minister Boris Johnson The Independent Press Standards Organisation (Ipso) condemned Johnson’s statement in his weekly column [...]
Brexit party: Nigel Farage launches new pro-Leave party with Jacob Rees-Mogg’s sister as MEP candidate April 12, 2019 Nigel Farage today launched his Brexit party as the UK prepare for the prospect of taking part in European elections three years after voting to leave the EU. Read more: CBI boss backs 2nd Brexit referendum if MPs can't 'get their act together' Jacob Rees-Mogg’s sister, Annunziata Rees-Mogg, was confirmed as the new party’s first [...]